AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC

EIN 56-2535892 · Management & Technical Assistance - Education (B02)

What they do

THE ORGANIZATION OPERATES for THE EXCLUSIVE BENEFIT and ADVANCING THE MISSION of AUBURN UNIVERSITY, AN EDUCATIONAL, LAND-GRANT INSTITUTION WHICH is TAX EXEMPT UNDER IRC SECTION 115 and AUBURN UNIVERSITY FOUNDATION, A NONPROFIT CORPORATION WHICH WAS ORGANIZED for THE SUPPORT of AUBURN UNIVERSITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $54.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

18.45%of revenue went to mission work54.5% of expenses · Program services

0.25%of revenue went to fundraising0.7% of expenses

$33.86spent for every $100 of revenueRevenue covered expenses this year.

15.16%of revenue went to management and office costs44.8% of expenses

$39.60in assets for every $1 spent this yearSome assets cannot be spent right away.

90.8%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $371,653 for ROB WELLBAUM (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,713,685

Mission workProgram services$316,19818.45% of revenue54.5% of expenses

ManagementOffice and general costs$259,86815.16% of revenue44.8% of expenses

FundraisingAsking for donations$4,2120.25% of revenue0.7% of expenses

Revenue left after expensesReported annual surplus$1,133,40766.14% of revenueShown in gray on the chart

Total expenses$580,27833.86% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 54.5% mission · 44.8% management · 0.7% fundraisingTotal expenses: 33.86% of revenue

2023Expense mix: 91.3% mission · 7.8% management · 0.9% fundraisingTotal expenses: 784.38% of revenue

2022Expense mix: 83.7% mission · 13.8% management · 2.5% fundraisingTotal expenses: 32.64% of revenue

2021Expense mix: 35.6% mission · 61.0% management · 3.4% fundraisingTotal expenses: 3.34% of revenue

2020Expense mix: 87.0% mission · 8.6% management · 4.4% fundraisingTotal expenses: 30.64% of revenue

2019Expense mix: 90.8% mission · 8.8% management · 0.3% fundraisingTotal expenses: 255.77% of revenue

2018Expense mix: 69.4% mission · 28.8% management · 1.9% fundraisingTotal expenses: 340.99% of revenue

2017Expense mix: 84.6% mission · 14.6% management · 0.8% fundraisingTotal expenses: 18.56% of revenue

Money in and money out

Revenue$1,713,685

Expenses$580,278

Annual surplus $1,133,407 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$316,198 · 54.5% of expenses

Management and office costs$259,868 · 44.8% of expenses

Fundraising$4,212 · 0.7% of expenses

See all reported dollar amounts

Revenue$1,713,685

Expenses$580,278

Assets$22,979,712

Income$1,722,329

Contributions$1,555,771

Mission work (program services)$316,198

Fundraising$4,212

Grants given$6,277,983

Average grant$570,726

Management and general$259,868

Accounting fees$11,060

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ROB WELLBAUMPRESIDENT · 2 hrs/week $371,653Base $309,862 · Other $61,791

ERIN LEWISCHIEF OPERATIONS OFFICER · 4 hrs/week $278,498Base $225,466 · Other $53,032

MARGARET ARNOLDASSOCIATE VICE PRESIDENT · 1 hrs/week $243,991Base $198,476 · Other $45,515

WILLIAM B HUGHESCHIEF FINANCIAL OFFICER · 4 hrs/week $140,108Base $100,299 · Other $39,809

CAROLYN BURROUGHSASSISTANT TREASURER(VACATED 6/30/25) · 6 hrs/week $118,630Base $92,148 · Other $26,482

LEE SHEPPARDDIRECTOR OF FINANCE · 3 hrs/week $81,000Base $55,129 · Other $25,871

JESSICA THOMPSONASSOCIATE DIRECTOR OF FINANCE · 3 hrs/week $60,572Base $46,347 · Other $14,225

LAUREL HENDRIXASSISTANT SECRETARY · 2 hrs/week $59,862Base $42,454 · Other $17,408

WANDA SPEROWSECRETARY · 2 hrs/week $30,830Base $10,482 · Other $20,348

MERIDITH COLLARIINFORMATION SECURITY OFFICER $14,965Base $13,022 · Other $1,943

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

ROB WELLBAUMPRESIDENT

ERIN LEWISCHIEF OPERATIONS OFFICER

MARGARET ARNOLDASSOCIATE VICE PRESIDENT

WILLIAM B HUGHESCHIEF FINANCIAL OFFICER

CAROLYN BURROUGHSASSISTANT TREASURER(VACATED 6/30/25)

LEE SHEPPARDDIRECTOR OF FINANCE

JESSICA THOMPSONASSOCIATE DIRECTOR OF FINANCE

LAUREL HENDRIXASSISTANT SECRETARY

WANDA SPEROWSECRETARY

MERIDITH COLLARIINFORMATION SECURITY OFFICER

JOHN THOMASDIRECTOR

LACEY LEWISDIRECTOR

GREG WINCHESTERVICE CHAIR

PATRICK HENRYCHAIR

DAVID WELCHDIRECTOR

TEE GREENDIRECTOR

BEAU BYRDDIRECTOR

About this charity

Recognized since: January 2006
Location: PO BOX 3140, AUBURN, AL 36831-3140
County: Lee
In care of: % PRESIDENT
Primary officer: ROB WELLBAUM, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(334) 844-7048

Filing and classification

Latest tax year: 2024
Tax period began: October 1, 2024
Return type: 990
Tax preparer: WARREN AVERETT LLC
NTEE classification: Management & Technical Assistance - Education (B02)
IRS tax category: Management & Technical Assistance
Grant-giving organization: Yes